OpenLegislation

The Financial Services and Markets Act 2000 (Excluded Activities and Prohibitions) Order 2014

S.I. 2014/2080 · Made 23 July 2014 · Extends to United Kingdom

Not fully up to date. 2 changes made by later legislation have not yet been written into this text, which is revised to 4 February 2025.

See the changes not yet applied
ProvisionChangeMade by
art. 1(4)words omittedCredit Institutions and Investment Firms (Miscellaneous Definitions) 2026 reg. 21(a)
art. 1(4)words substitutedCredit Institutions and Investment Firms (Miscellaneous Definitions) 2026 reg. 21(b)

Banks And Banking

Made 23rd July 2014

Coming into force in accordance with article 1(2) and (3)

In accordance with section 142Z of the Financial Services and Markets Act 2000, a draft of this Order has been laid before Parliament and approved by a resolution of each House of Parliament.

The Treasury make the following Order in the exercise of the powers conferred on them by sections 142D, 142E and 142F of the Financial Services and Markets Act 2000 M1.

Annotations to the whole text

Marginal citations

M1

2000 c. 8. Sections 142A to 142Z1 were inserted into the Act by the Financial Services (Banking Reform) Act 2013 (c.33), section 4.

Contents

  1. Part 1: GENERAL
  2. 1Citation, commencement and interpretation
  3. 2Relevant financial institution
  4. 3Securitisation companies and structured finance vehicles: definitions
  5. Part 2: EXCLUDED ACTIVITIES AND EXCEPTIONS
  6. 4Excluded activities: dealing in investments as principal
  7. 5Excluded activities: commodities trading
  8. 6Excluded activities: general exceptions
  9. 7Excluded activities: securitisation and covered bonds
  10. 7AExcluded activities: SME exception
  11. 8Excluded activities: central bank exemption
  12. 9Excluded activities: derivatives
  13. 10Derivatives: forward contracts and swaps
  14. 11Derivatives: options and swaptions
  15. 12Derivatives: general conditions
  16. Part 3: PROHIBITIONS AND EXCEPTIONS
  17. 13Prohibitions: inter-bank payment systems
  18. 14Prohibitions: financial institution exposures
  19. 15Financial institutions exposures: trade finance
  20. 16Financial institutions exposure: securitisation and covered bonds
  21. 17Financial institution exposures: conduit lending
  22. 18Financial institution exposures: repo transactions
  23. 19Financial institution exposures: ancillary exposures
  24. 19AFinancial institution exposures: financing of infrastructure projects
  25. 19BFinancial institution exposures: changes in status of counterparties
  26. 19CFinancial institution exposures: small exposures
  27. 20Prohibitions: Non-UK and non-EEA branches and subsidiaries Repealed
  28. 21Transitional provision
  29. Signature
  30. Schedule
  31. 1Paragraph 1
  32. 2Paragraph 2
  33. 3Paragraph 3
  34. 4Paragraph 4
  35. 5Paragraph 5
  36. 6Paragraph 6
  37. 7Paragraph 7
  38. 8Paragraph 8
  39. 9Paragraph 9
  40. 10Paragraph 10
  41. 11Paragraph 11
  42. 12Paragraph 12
  43. 13Paragraph 13
  44. 14Paragraph 14
  45. 15Paragraph 15
  46. 16Paragraph 16
  47. 17Paragraph 17
  48. 18Paragraph 18
  49. 19Paragraph 19
  50. 20Paragraph 20
  51. 21Paragraph 21
  52. Explanatory note